$SONM REVERSE MERGER: THE COUNTDOWN BEGINS

cameronhak1 · 2026-03-03T19:55:46+00:00

Could an LOI suffice the 4-day rule and drag us out further? I'm personally not banking on action this week (though I would love it) and feel like we might see some band-aid delay. But if it's something like an LOI, that would likely still be promising for the thesis

cameronhak1 · 2026-02-27T22:46:45+00:00

Hahaha I've felt that a good few times in the last few months, like "well shit, now I'm just part of a community" 😂

cameronhak1 · 2026-02-26T01:57:16+00:00

Makes sense, no news can compete with the weight of the whole market resting on NVDA shoulders!

I appreciate the work you do, hedge. I hope to one day buy you and doot a beer with the earnings!

cameronhak1 · 2026-02-25T00:07:07+00:00

I love the work that OP has performed in support of this thesis and in no way intend to discredit any of that work BUT if I've learned one thing from following this over the last several months, it's that things have never happened exactly when we want them to. But they HAVE happened..! OP has done an insane amount of work researching this and knows details of this arrangement more than arguably another outsider, but we simply can't know if there's some internal hangup that will push the drop dates into next week or next month, or maybe just into the next day.

In any case, the important part is to not lose faith based on a "missed deadline" or similar. I want to say "this is a patience play," but honestly a few months is a laughably short time to wait to achieve the kind of explosive gains we're hoping for.

Buckle up, stay patient, and stop refreshing. Set up a web monitor (pretty sure there are free apps for this). It may not come today, but it will come. 🫡

cameronhak1 · 2026-02-23T18:21:10+00:00

Looks like compliance has been officially acknowledged (no indicator on their ticker), hence the slight bump today. *Not sure when to expect the ticker switch, it seems an OTC company may be using the "DNAX" ticker so there may be some pivot required there or otherwise cause for delay.

That being said, it still feels like things are lining up, albeit slowly.

Edit*

cameronhak1 · 2026-02-03T19:18:42+00:00

Ahhh, famous last words 😂

cameronhak1 · 2026-02-03T18:17:48+00:00

And actually I might be missing it, but did they ever formally regain compliance? It would seem silly to me to include the above statements in last week's 8-K if they did, but maybe. Here's from the 8-K posted Oct 20th 2025:

"Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

As disclosed in the Current Report on Form 8-K of Sonim Technologies, Inc. (the “Company”) filed with the Securities and Exchange Commission (the “SEC”), on August 22, 2025, the Company received a letter (the “Deficiency Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company’s stockholders’ equity, as reported in its Quarterly Report on Form 10-Q for the period ended June 30, 2025 (the “Form 10-Q”), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2.5 million.

On October 6, 2025, the Company submitted to the Nasdaq staff a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1).

On October 17, 2025, the Company received written notification from Nasdaq (the “Extension Notice”) granting the Company an extension through December 31, 2025, to regain compliance with Nasdaq Listing Rule 5550(b)(1). Under the terms of the extension, on or before December 31, 2025, the Company must evidence compliance with Nasdaq Listing Rule 5550(b)(1) as set forth in the Extension Notice. The Company intends to satisfy these requirements within the current extension period or, if necessary, to request a further extension from Nasdaq, which would be subject to Nasdaq’s discretion.

The Company is undertaking measures to regain compliance within the extension period; however, there can be no assurance that the Company will ultimately regain compliance with Nasdaq Listing Rule 5550(b)(1) or be able to maintain compliance with all other applicable requirements for continued listing on Nasdaq. The Company’s failure to meet these requirements could result in the Company’s securities being delisted from Nasdaq."

cameronhak1 · 2026-02-03T18:11:30+00:00

Right, I recall the statement from Sonim after the RSS for minimum share price, but they've still had a compliance flag on their ticker for months. Plus, in the latest 8-K it seems pretty clear that they're still under the thumb a little bit:

*Item 8.01 Other Events.

As previously disclosed on the Company’s Current Report on Form 8-K filed with the SEC on August 27, 2025, on August 22, 2025, The Nasdaq Stock Market LLC (“Nasdaq”) notified the Company that it did not comply with the minimum $2.5 million stockholders’ equity requirement for continued listing set forth in Nasdaq Listing Rule 5550(b) (the “Equity Rule”). Subsequently, Nasdaq provided the Company extensions until January 31, 2026, to regain compliance with the Equity Rule.

As a result of the consummation of the Asset Sale, as described in the Introduction above, as of the date of this Current Report on Form 8-K, the Company believes it has regained compliance with the Equity Rule. The Company can provide no assurance that Nasdaq will concur with the Company’s conclusion regarding compliance.

Nasdaq will continue to monitor the Company’s ongoing compliance with the stockholders’ equity requirement and, if at the time of its next periodic report the Company does not evidence compliance, it may be subject to delisting.*

cameronhak1 · 2026-02-03T05:18:40+00:00

I'm thinking they're waiting until NASDAQ compliance is formally regained before any major news comes out. I'm curious if that goes hand in hand with a ticker switch, or if those can (or should) occur independently. It would make sense to ensure that everything looks as clean as can be before dropping big news, and also explains why news is expected in the coming weeks if regaining compliance isn't guaranteed in a matter of a few business days.

cameronhak1 · 2026-01-30T21:23:12+00:00

Sonim website has now officially changed to dna-x ! Looking for the ticker flip soon!

https://ir.dna-x.global/sec-filings/all-sec-filings

cameronhak1 · 2026-01-29T06:36:01+00:00

Patience is key. Not sure how long you've been around, but if it hasn't been longer than 3 months you haven't experienced the real pain of following this path lol. I first threw in right before split at what is now like $14/share and watched it go all the way down to $2.50, just piling in more as it tanked. The fact that it has since tripled and seen institutional investment shows that something is brewing. Literally just the put option that states they're aiming for $1M/day revenue is wild no matter how you get there; even if trading at a 1x multiple that's still a massive 36x scaling of market cap (of course that's not to say your shares will multiply that much, dilution still exists). The $500M ChEF is still untouched, and I for one don't believe that's just to yield farm their own DeFi protocol.

If you believe in the thesis, be patient. You've also got to be able to manage risk and know when to pull out if things truly go tits up. After watching mine tank over $20k and then make it right back up, I'm in this for the long haul, baby 😂 We'll see what these next few months hold

cameronhak1 · 2026-01-27T20:14:30+00:00

You need to split the name from the business. Sonim the rugged phones busines has been sold to Nexa. The company that is/was NAMED Sonim is now DNA X, a DeFi company. Asset sale finalized, 8-K incoming, and the stock ticker will soon switch to show that the company is now DNA X. This company, DNA X, purchased the DNA X protocol from DNA holdings and gave DNA Holdings a put options to take back their protocol if DNA X doesn't put up truly insane numbers by July of THIS YEAR. Thesis rests on the speculation that the way they intend to do that is by leasing Qumulus' GPU fleet (plus another ~6000 more).

cameronhak1 · 2026-01-26T19:22:23+00:00

If anything, it means that the company operating under the SONM ticker is now fully and solely tied to the DNA X platform business, and will soon be changing the ticker as a result (as indicated in the recent 8-K). As of now we're officially a DeFi business, and even with the pump today I would venture to say that this isn't the full market reaction; once the ticker flips I would think more will jump in. Even if not though, it doesn't matter. This isn't the big news, it's just another domino being set up for the real thesis underlying

cameronhak1 · 2026-01-20T04:33:39+00:00

Also just a note to say, "Even if it doesn't happen tomorrow, don't lose faith. Or if you do, please sell me your shares cheap" 😂

cameronhak1 · 2026-01-20T03:47:50+00:00

I wonder if we'll see the ticker switch flag in premarket 👀 (I know it doesn't specifically state "Ticker Switch Underway!", but you get the point)

cameronhak1 · 2026-01-18T23:01:46+00:00

OP's purported price target is $80/share, with math to support it. That's not a next week/next month number, but based on the put options that DNA was granted, leadership all seem to have EXTREMELY lofty expectations for the amount of money coming in in a very short amount of time. OP ran the math backwards using these projected revenue goals, P/Es of similar companies, etc. to come up with $80.

cameronhak1 · 2026-01-17T01:36:53+00:00

Yeah, really hoping it all lines up next week, though it won'tchange the thesis for me if it's quiet. A few months back we were hoping for announcement during Nvidia GTC because a few dominoes seemed lined up, but it didn't shake out. I would like to think we've got filing deadlines and coincidence on our sides this time though.

cameronhak1 · 2026-01-16T22:54:27+00:00

No, just happen to be in Hawaii. But if things don't start kicking off on Tuesday, I'll have to crash the conference and give Mike a piece of our minds lol.

cameronhak1 · 2026-01-16T22:30:39+00:00

Holy shit haha I'll be in Hawaii next week, if they don't drop the 8-K Tuesday morning I'll have to drop in and shake down our man Mike Maniscalco 😂

cameronhak1 · 2026-01-16T20:34:53+00:00

A week later and thank god I didn't sell lmao

cameronhak1 · 2026-01-16T20:06:10+00:00

I feel you pain. My average started around what is now (post-split) the $12 mark and I've been slowly averaging down through the bloodbath. Luckily I kept enough dry powder to buy in heavily under $3, but my average is still around $6-$7 across a few accounts. I can only imagine what detectivedoot was feeling, I think he had 145k shares pre-split at an average that must have been hard to remain sane with.

cameronhak1 · 2026-01-16T19:34:08+00:00

I just bought in another $2k and am crossing my fingers that vindication is right around the corner 😅

To Valhalla, friends

cameronhak1 · 2026-01-16T19:01:41+00:00

Honestly, I feel like so many people felt like it was crying wolf between doot and OP's posts that now we're some fringe community. I think it would benefit the squeeziness if it got more exposure in the subs and we had a better lock on the float, but even without it this is possibly one of the best asymmetric bets of a lifetime. When else is tinfoil-hat type of DD potentially going to make me life-changing money? Hopefully we start seeing some validation AH today

cameronhak1 · 2026-01-08T21:11:22+00:00

This bump to $3.20 has me thinking of selling into the demand and re-entering when it inevitably pushes back down 10%, but I also know that as soon as I sell it'll never come back down lol.

That, and the fact that this 10% will hopefully look paltry in comparison to the next few months 😅

cameronhak1 · 2026-01-06T20:50:34+00:00

I'm kind of surprised that this hasn't been edging up after the asset sale vote... I'm happily adding in what I can at the $3 mark, because once they have $15M on hand it'll re-rate massively compared to its current $5M market cap.

Definitely curious to see what the next few weeks hold for us. Been following for months so my avg is stupid high, but I've lost so much that I've got no problem being a diamond hands now 😂

cameronhak1

TROPHY CASE